| | Treasury and Investments
The City’s Investment Policy sets forth the investment and operational policies for the management of the public funds of the City and is adopted annually by City Council.
The policy is designed to ensure the prudent management of public funds, the availability of operating and capital funds when needed, and an investment return competitive with those of comparable funds and financial market indexes.
The City’s Investment Policy requires that within 30 days of the end of each month, the Treasurer submits the Monthly Investment Report to the City Manager and City Council.
The report lists each investment by investment category and includes (1) purchase and maturity dates, (2) yield, (3) original cost, (4) par value, and (5) market value. The report also includes the weighted average yield and the weighted average maturity for the portfolio.
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